The vehicle interior ambient lighting system market size is expected to increase by 5.4% annually in terms of value in 2022 to 2030, reaching a value of roughly US$ 3,066.0 Mn by year’s end, according to Future Market Insights (FMI).
Automakers continue to be under pressure to develop multidimensional strategies that span comfort, style, and aesthetics since fuel efficiency, low emission, and high performance can no longer satisfy the changing vehicle selection criteria of consumers.
According to the study, automakers are taking into account the fact that interior ambient lighting may be made “functional” by affecting drivers’ moods, circadian rhythms, and attentiveness, increasing the safety of nighttime driving and their appreciation of their vehicles.
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Once developed exclusively for luxury auto models of Audi, Infinti, Mercedes, BMW, and Jaguar, automotive interior ambient lighting systems are rapidly becoming ubiquitous in the mid-range and economical vehicles as well. In addition to rendering an extra aesthetic appeal to vehicle models, ambient lighting systems are now being designed for driver’s assistance in terms of orientation, which marks a highly profitable trend in market.
OLED to Illuminate the Road Ahead, Replacing LED and Incandescent
With the rapid use of LED technology for the creation of interior ambient lighting systems for automobiles, innovation is anticipated to replace incandescent lights quickly. According to the report, the adoption rate of LED-based lighting systems will be a crucial differentiator because they use significantly less energy than equivalent-brightness incandescent and halogen lights while delaying the effects of time.
Environmentally friendly OLED lights will shed light on the future of the market for vehicle interior ambient lighting systems as the automobile sector operates within the constrained parameters of laws.
The study concludes that in order to maintain drivers’ focus, alternatives will get more advanced as autonomous vehicles and IoT technology become more widely available. Additionally, problems with power outages associated with the integration of wired lightings have prompted the development of battery-operated wireless lighting systems, which are anticipated to continue to be well-liked by consumers who are technologically advanced.
Integration of gesture-recognition ambient lighting systems is projected to make an alluring proposition as automakers prioritise the development of interior ambient lighting systems by keeping consumers at the centre.
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In the consolidated landscape, automakers are braced to tune the competition frequency to the next level by targeting consumers’ proclivity for premium and visually-appealing vehicles. Manufacturers focus on optimizing their innovation capability by blending the best of the competencies for enhancing the features of interior ambient lighting systems. However, as quality comes at a cost, counterfeiters operating in the automotive interior ambient lighting systems landscape find the leeway to offer low-quality systems at a cheaper rate.
The trends have especially been observed in the developing countries of East Asia and South Asia, which is a crucial concern for automakers to address and bridge the gap to reach out to more consumers with authentic lighting systems.
The report opines that on the backdrop of environmental thinking adopted by automakers, advent of electro-mobility will lead the movement to high sales opportunities. In addition, as consumers gain intellect apropos of the safety features of automotive interior ambient lighting systems, the future of vehicles is likely to stand tall at the intersection point of aesthetics and safety.
Key Segments
By Technology
- LED
- Others
By Vehicle Type
- Compact
- Sedan
- Executive
- SUV/MUV
- Luxury
- Sports
- LCV
- HCV
By Application
- Centre Console and Dashboard
- Doors
- Roof
- Floor
- Others
By Sales Channel
- OEM
- Aftermarket
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By Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa
Automotive Interior Ambient Lighting Systems Market – Key Research Findings
- The global automotive interior ambient lighting systems market size in 2018 was ~US$ 3 Bn.
- The automotive interior ambient lighting systems market is expected to grow at a CAGR of ~6% during the forecast period of 2019-2029.
- Besides the growing trend of customization for interior ambient lightings among customers, availability of a variety products has been recently driving the sales of automotive interior ambient lighting systems.
- Collectively, East Asia, North America, and Europe are likely to account for half of the revenue shares in the automotive interior ambient lighting systems industry by the end of 2029.
- North America, attributing to the robust automotive industry in the U.S., will continue to be a prominent regional market for automotive interior ambient lighting system manufacturers.
- The centre console and dashboard segment is expected to remain a prominent application area to invest in, for automotive interior ambient lighting systems market players.
- The automotive industry has witnessed significant growth over the recent past, and the revival of interior lighting systems has been particularly striking.
- Significant application potential of automotive interior ambient lighting systems has been identified in the doors lighting category.
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